Debt Management: Treasury was Able to Fund Economic Stabilization and Recovery Expenditures in a Short Period of Time, but Debt Management Challenges Remain

Download or read book Debt Management: Treasury was Able to Fund Economic Stabilization and Recovery Expenditures in a Short Period of Time, but Debt Management Challenges Remain written by Susan J. Irving and published by DIANE Publishing. This book was released on 2010-11 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report is part of a requirement to monitor the Department of the Treasury's (Treasury) implementation of the Troubled Asset Relief Program (TARP) and submit special reports as warranted from oversight findings. It evaluates Treasury's borrowing actions since the start of the crisis, and how Treasury communicates with market participants in the context of the growing debt portfolio and the medium- and long-term fiscal outlook. The auditor analyzed market data; interviewed Treasury, the Federal Reserve Bank of New York, and market experts; and surveyed major domestic holders of Treasury securities. Includes recommendations. Charts and tables.